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TIBCO Affirms Commitment to Driving Innovation and Growth in China With Strategic Initiatives

TIBCO Software Inc.
2007-09-11 10:02 2366

PALO ALTO, Calif., Sept. 11 /Xinhua-PRNewswire/ -- TIBCO Software Inc. (Nasdaq: TIBX) today announced several projects intended to help foster innovation and growth in Beijing and across Greater China. TIBCO reinforces its commitment to the region with the launch of a China Development Center as part of a strategic partnership with Worksoft and an educational program dubbed -- The Power of You -- which invites students and professionals to take part in a developer contest to build web applications using Ajax and service-oriented architecture principles.

"Our partnership with TIBCO has grown considerably during the past twenty four months and we are very excited about the prospect of new opportunities that the China Development Center and Ajax competition will generate among businesses and students," said Junbo Liu, executive vice president, Worksoft. "These ambitious initiatives are perfect examples of how two industry leaders can join together to nurture local talent and generate organic growth through increased awareness and delivery of innovative SOA, BPM and business optimization solutions."

TIBCO's China Development Center, operated jointly by Worksoft, is involved with the design, development, testing, and ongoing support of many of the company's portfolio of products across service-oriented architecture (SOA) and business process management (BPM) and business optimization. Collaborating together to create and deploy innovative software solutions, TIBCO and Worksoft will help customers achieve SOA and BPM success.

In addition to supporting the establishment of the regional Ajax challenge across China, TIBCO will work closely with Worksoft and leading educational institutions to encourage students to create Ajax-based, feature-rich applications using publicly available web services. As they work on their projects, participants will cultivate advanced development skills to help better prepare them for jobs in the information technology and business consulting industries.

TIBCO executive vice president, Ram Menon, who is visiting China this week, commented: "We are committed to increasing our investments in high-growth countries and China represents an important market for TIBCO long-term. Furthermore, working closely with key partners such as Worksoft on these important initiatives will help better prepare students to compete in a technology-driven workplace and also ensure customers and prospects obtain the maximum benefit from their IT investments."

TIBCO's ongoing investments in China and Asia Pacific represent an integral part of company's strategic operations to increase its presence globally. Currently, TIBCO customers in China represent top industry leaders across telecommunications, financial services and manufacturing such as Bohai Bank and China Post.

The Power of You

TIBCO, Worksoft and professional educators will judge all submitted Ajax projects. Entries are due by December 31, 2007, allowing more than three months to develop their applications. Winners will receive prizes that include a total of approximately $9,000 USD in grants for the top five entries. Students interested in participating in The Power of You can find out more at: http://www.tibco.com/contest .

About TIBCO

TIBCO Software Inc. (Nasdaq: TIBX) provides enterprise software that helps companies achieve service-oriented architecture (SOA) and business process management (BPM) success. With over 3,000 customers, TIBCO has given leading organizations around the world better awareness and agility-what TIBCO calls The Power of Now(R). To learn more, contact TIBCO at +1 650-846-1000 or on the Web at http://www.tibco.com .

TIBCO, The Power of Now, and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.

Source: TIBCO Software Inc.
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